Glossary A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

Banking as a Service (BaaS)

Banking as a Service or BaaS is an end-to-end service model where BaaS Providers, partnering with licensing banks, furnish banking processes such as deposit accounts, payments, money transfer, loans, insurance with modern API-driven platforms. The banking services and products offered by BaaS Providers are then integrated by fintechs and non-financial companies into their apps or web interfaces.

The result is a fully compliant, seamless experience for the end-user, increased customer value for the fintechs, and scalable revenue growth for the provider banks. Banking as a Service is changing the way we approach banking and is set to usher in

Please contact EMBank for further information on the relevant services.

2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB